PDIC President and CEO Ricardo M. Tan (extreme left), Securities Exchange Commission (SEC) Chairperson Lilia R. Bautista, Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura and Insurance Commission (IC) Commissioner Eduardo T. Malinis sign the master memorandum of agreement creating the Financial Sector Forum (FSF) in simple ceremonies held at the BSP Executive Business Center last July 7.

The FSF is chaired by Governor Buenaventura with the agency heads of PDIC, SEC and IC as members. The FSF is an inter-agency body designed to provide an institutionalized regulatory framework for coordinating the supervision and regulation of the financial system. The four agencies have major responsibility in overseeing financial operations in the country